“Hiring good people is hard. Hiring great people is brutally hard. And yet nothing matters more in winning than getting the right people on the field.” – Jack Welch
All the really smart businesspeople I know have exactly the same challenge when it comes to building a business. That includes every single attendee at the Michael Masterson Wealth-Building Retreat we held last April, regardless of their business sector or gross revenues.
The challenge: Finding good people.
One of the entrepreneurs at the Wealth-Building Retreat had a $20,000,000 printing business. Yet he was still working 60 hours a week (or more), and wearing almost all the hats in his company. Simply because he could not find the right people to help him run it.
Because hiring good people is one of my core competencies, I am often asked how to do it. Now don’t get me wrong. It’s not easy. But it is extremely doable.
Finding good employees is like dating. It’s a numbers game. Unless you’re truly lucky, the first person you date doesn’t end up being your spouse. Think about all the uncomfortable dates you had to endure … the many times your heart was broken … and the frogs you had to kiss… before finding “the one.”
Finding the right employees is no different. You are going to have to kiss a few frogs before finding the superstars who can help your business grow. And if you are not prepared to do that, you will have a staff full of mediocre employees… or continuous turnover. Neither of these things is good for your customers, your one or two good employees, your reputation, or your bottom line.
To make it much easier to get past the frogs to my ideal employees, I make sure I can clearly define three things whenever I’m looking to hire someone:
- The kind of person I want
- The level of the position and, thus, the experience the person needs
- The skill set required to do the job
Knowing the Characteristics of Your Ideal Employee
Regardless of the actual position you’re filling or the skill set the employee needs to have, everyone you hire should have three important traits:
1. A strong sense of urgency. A good employee is someone who understands that deadlines are made to be met and that speed is money. They also understand that business is business… and it is serious. We have a lot of fun here at ETR, but everyone is well aware that our customers invest their time and money with us. That means our primary mission is for our customers to reach their goals, whatever their goals may be.
2. A great work ethic. You want someone who shows up early and is ready to go, someone who is on time for meetings and appointments. A pattern of showing up late for anything is a sign of not caring.
When I explain this to job candidates, they often ask, “What if I am just not a morning person? Couldn’t I come in late and stay later in the evening?” My answer is “Absolutely not.” Showing up early indicates eagerness. Staying late indicates disorganization.
3. Intellect. Your ideal employee is someone with great ideas. Equally important is that the employee is not afraid to express those ideas.
People are often surprised to hear that I require intellect in employees at every level of the company, not just management. But don’t forget that every single employee you have is an “ambassador” for you, a direct reflection of you. And at some time or another, they will speak to your customers, your competitors, and your industry associates.
Defining the Position You’re Trying to Fill
In addition to knowing the kind of person you’re looking for, you need to have a very good understanding of the position – and of the experience necessary to do the job properly.
I break down all positions into three categories: executer, manager, and leader.
1. The executer is an entry-level employee. She is not responsible for strategic planning, but rather the execution of the plan. This is generally someone fresh out of school or with little or no direct experience within your niche.
Some of her core responsibilities may include:
- Setting up marketing campaigns in your system
- Producing reports
- Posting website copy
2. The manager is responsible for managing processes and/or other employees. He usually has five to 10 years of direct experience within your niche. He can think strategically, teach others, and start developing big ideas.
Some of his core responsibilities may include:
- Analyzing reports, trends, and competitors
- Product development
- Creating partnerships and affiliate deals
3. The leader’s primary job – 50 percent or more of it – encompasses meetings with staff, brainstorming, and business planning. A few examples of people in a leadership role would include marketing directors, editorial directors, and IT directors… all the way up to the CEO. The leader is someone with eight or more years of experience within your specific niche. Someone with a proven track record of success. This is a person who can come into your organization and be up to speed and make a difference immediately.
Some of the leader’s core responsibilities may include:
- Creating a departmental or company vision
- Contract negotiation
- Hiring staff
Note: “Leader” may be a high-level position – but all of your employees should showcase leadership qualities.
Identifying the Skill Set Required
When people ask me to help them find a good employee, I am always amazed when they aren’t really sure what they want that person to do. You can’t find the right person for a particular job if you don’t know what the job requires. For example, if you are hiring a receptionist whose main duties are to answer the phone, schedule your appointments on your Outlook calendar, and type your speeches and companywide e-mails, you would not want someone with a hard-to-understand accent who has never seen a computer.
So before you can initiate your search, you have to write a job description. If you have never done this before, start by writing down everything you think you want your new employee to do. List their responsibilities. And next to each responsibility, write down the necessary skill. Be specific.
Let’s use the example of a receptionist:
|Answer the phone||Excellent verbal communication skills|
|Type speeches||Types 90 words per minute|
|Schedule appointments||Excellent understanding of Microsoft Outlook|
Once you know the characteristics of your ideal employee and can define the job and the skills that employee needs… you start looking.
How to Find Your Ideal Employee
The first rule of hiring is to be patient. Remember the old saying: “Hire slow and fire fast.”
Think about what executive recruiters do. They build their Rolodexes. When they call Person A with a job opportunity and Person A is not interested, they end up with three phone numbers or e-mail addresses of people Person A knows.
So the second rule of hiring is to think about all the people you know, especially when you’re looking to fill a middle- or upper-level position. If none of them are right for the job, call them anyway. They may know people who are. Keep collecting names and numbers.
If you are looking for more of an entry-level employee, advertising in a trade publication is good. But do some research first. Read the ads the publication normally prints and make your ad better. Make your position sound rewarding and exciting. If there is room for advancement, mention it.
You can also use Career Builder, Monster, eHire, and other online job search engines. Of course, you’ll probably have to sift through hundreds of applications, 99 percent of them useless. And you may luck out.
But you’re not going to find most of your potential superstars this way.
Even better than advertisements… and far better than online job search engines… is networking.
I will use ETR as an example. In 2007, we added seven new positions. In 2008, we have plans to add 10 additional positions. Because I know this, I look for possible employees everywhere I go.
When I attend industry events (which I often do), cocktail parties are my favorite networking places. (You get a real feel for the personality and style of the people you meet.) When I speak at industry functions, I tell the audience that I am available to talk about job opportunities. I talk to other parents while attending my kids’ soccer games. I have even talked to my doctor about having her write for our sister publication, Total Health Breakthroughs.
You can network ANYWHERE. Wherever there are people, there’s an opportunity. Don’t be afraid to ask your friends, colleagues, and competitors about people who might be a good fit for your company. You will be glad you did.
Remember, you don’t have to be the smartest person in the world to succeed in business. You just need to be smart enough to hire the right people to help you do it.